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Informal Trading Plans approved for four areas<p>​</p><p>The development process for the Informal Trading Plans included the internal and external stakeholder engagements, where interested parties were given an opportunity to provide inputs into the draft revised trading plans. </p><p>The final revised trading plan was presented at the respective subcouncil meetings and approved by Council on Thursday, 19 August 2021.</p><p>The locations specific to the various Informal Trading Plans in the wards are as follows:</p><table width="100%" class="ms-rteTable-default" cellspacing="0"><tbody><tr><td class="ms-rteTable-default" style="width:50%;"><strong>Ward 1</strong></td><td class="ms-rteTable-default" style="width:50%;"><ul><li>Plattekloof Road</li><li>Corner of Monte Vista Boulevard and Wingfield Place</li><li>Corner of Plattekloof Road and Uys Krige</li></ul></td></tr><tr><td class="ms-rteTable-default"><strong>Ward 5</strong></td><td class="ms-rteTable-default"><ul><li>Corner of Letsworth and Louis Thibault Drive</li></ul></td></tr><tr><td class="ms-rteTable-default"><strong>Ward 107</strong></td><td class="ms-rteTable-default"><ul><li>Corner of Parklands Main Road and Regent Road</li><li>Parklands Main Road</li><li>Corner of Parklands Main and Chippenham Road</li><li>Parklands Main Road</li></ul></td></tr><tr><td class="ms-rteTable-default"><strong>Ward 113</strong></td><td class="ms-rteTable-default"><ul><li>In Dunoon area:  Potsdam Road and PTI</li></ul></td></tr></tbody></table><p>‘Informal trading plays a vital role in creating much-needed local employment and economic opportunities. The City is therefore doing all it can to balance the needs of the formal retail sector with the need for economic development as we continue to build a city of opportunity,’ said the City’s Mayoral Committee Member for Urban Management, Alderman Grant Twigg.</p><p>Once an Informal Trading Plan is approved by Council and implemented, the City monitors the demarcated sites to ensure that traders comply with the City’s by-laws and trade within their permit conditions.</p><p>‘The approval of the Informal Trading Plans means that informal traders and individual enterprises can create vibrant economic opportunities to support the local economy and at the same time, enhance the City’s economic and growth strategies.</p><p>‘More importantly, it is vital that the City acknowledges the relevance and contribution of the informal trading sector to the local economy and the vibrancy it brings to the social environment of the area. Informal trading provides an income to those who are unemployed and affords locals with the freedom to support either local or traditional formal sector retail options.</p><p>‘An Informal Trading Plan is needed because strategically, we need to demarcate specific locations for informal trading by considering local conditions and circumstances in the area, while at the same time, we also need to prohibit informal trading in certain locations due to practical considerations on the ground,’ said Alderman Twigg.</p><p><br><strong>End</strong></p>2021-09-07T22:00:00ZGP0|#1d539e44-7c8c-4646-887d-386dc1d95d70;L0|#01d539e44-7c8c-4646-887d-386dc1d95d70|City news;GTSet|#62efe227-07aa-45e7-944c-ceebacca891dGP0|#ce59e3e3-ee3c-465c-972d-4c09853ff306;L0|#0ce59e3e3-ee3c-465c-972d-4c09853ff306|urban management;GTSet|#2e3de6c1-9951-4747-8f53-470629a399bb;GP0|#f92a8b13-9ad1-416f-b923-39083fb0e173;L0|#0f92a8b13-9ad1-416f-b923-39083fb0e173|trading bays10

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